There are still some great options out there which may be able to help you cast a super-wide net (get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

If you don't have rental income on your tax returns the banks may only count a portion of the new rental income toward the debt coverage ration (Net income $ / Mortgage $).

There are still some great options out there which may be able to help you cast a super-wide net (get a new listing for the property up and posted to 10+ major rental listing sites, managing listing responses + scheduling viewing times, tenant screening w/ a fully comprehensive application, digital lease creation, online rent collection, and maintenance request tracking in one spot).

If you are talking large multi family then other factors, like debt service coverage ratio, come into play.

Sorry to hear about the fire, but it's great that you have insurance coverage for everything.What does your lease say about destruction of premises, and was their lease current?

The issue you're going to run into is the debt service coverage ratio.

I'm looking to shop insurance coverages/quotes for an upcoming multi-family purchase in San Antonio, TX.

Now he wants to deed out title as follows:John Smith, a single man and Debbie Johnson, a single woman, as Joint TenantsQuestion: Could he lose title insurance coverage if he deeds out?

It is an investment property and put under our LLC.I have been having a hard time finding a good priced insurance with good coverage for this specific property.

The reason he said was that if someone were to trip and fall the llc is listed as insured and coverage would be supplied.